Matterport And Gores Holdings VI Announce Closing of Business Combination prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Combined Company Expected to Have Post-Transaction Enterprise Value of Approximately $8.5 Billion
Business Combination Includes up to $525 Million in Cash from Gores Holdings V and $600 Million Private Placement Led by Top-Tier Investors
Ardagh Group to Retain Approximately 80% Stake in Ardagh Metal Packaging and Receive up to $3.4 Billion in Cash
Ardagh Group S.A. ( Ardagh ) (NYSE: ARD), a global supplier of infinitely-recyclable metal beverage and glass packaging for the world s leading brands, and Gores Holdings V, Inc. ( Gores Holdings V ) (NASDAQ: GRSV, GRSVU and GRSVW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, today announced that they have entered into a definitive business combination agreement under which Gores Holdings V will combine with Ardagh s metal packaging business that will be held by Ardagh Metal Packaging S.A. (the Company, Ardagh Metal Packaging or AMP ) to create an independent public company. The Company i
Ardagh Metal Packaging To Combine With Gores Holdings V And List On NYSE
Combined Company Expected to Have Post-Transaction Enterprise Value of Approximately $8.5 Billion
Business Combination Includes up to $525 Million in Cash from Gores Holdings V and $600 Million Private Placement Led by Top-Tier Investors
Ardagh Group to Retain Approximately 80% Stake in Ardagh Metal Packaging and Receive up to $3.4 Billion in Cash
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LUXEMBOURG AND LOS ANGELES, Feb. 23, 2021 /PRNewswire/ Ardagh Group S.A. ( Ardagh ) (NYSE: ARD), a global supplier of infinitely-recyclable metal beverage and glass packaging for the world s leading brands, and Gores Holdings V, Inc. ( Gores Holdings V ) (NASDAQ: GRSV, GRSVU and GRSVW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, today announced that they have entered into a definitive business combination agreement under which Gores Holdings V will combine with Ar
Matterport, The Spatial Data Company Leading The Digital Transformation Of The Built World, Announces Proposed Business Combination With Gores Holdings VI
- From offline to online, Matterport s market leading technology platform turns buildings into data to deliver unparalleled property insights and analysis
- With more than 250,000 subscribers in 150 countries, the business combination will enable Matterport to accelerate global enterprise growth across industry verticals, while continuing to invest in Matterport s software, artificial intelligence and platform technology strategy
- Combined company expected to have a post-transaction total enterprise value of approximately $2.3 billion and total equity value of approximately $2.9 billion and intends to remain listed on the NASDAQ under the ticker symbol MTTR following an anticipated transaction close in Q2 2021
Press release content from Business Wire. The AP news staff was not involved in its creation.
United Wholesale Mortgage, LLC and Gores Holdings IV, Inc. Announce Closing of Business Combination
January 21, 2021 GMT
PONTIAC, Mich. & LOS ANGELES (BUSINESS WIRE) Jan 21, 2021
United Wholesale Mortgage, LLC (“UWM”), the #1 wholesale and purchase mortgage lender in the U.S., and Gores Holdings IV, Inc. (“Gores Holdings IV”) (NASDAQ: GHIV, GHIVU, and GHIVW), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of The Gores Group, LLC (“The Gores Group” or “Gores”), today announced the closing of their previously announced business combination, which hails as the largest SPAC transaction to date with a valuation of approximately $16 billion. In connection with the closing, Gores Holdings IV changed its name to UWM Holdings Corporation and will commence trading on the New York Stock Exchange (“NYSE”) under the new ticker symbol “UWMC” on Ja